vs

Side-by-side financial comparison of Blue Hat Interactive Entertainment Technology (BHAT) and Dogness (International) Corp (DOGZ). Click either name above to swap in a different company.

Blue Hat Interactive Entertainment Technology is the larger business by last-quarter revenue ($13.1M vs $7.7M, roughly 1.7× Dogness (International) Corp). Blue Hat Interactive Entertainment Technology runs the higher net margin — -9.9% vs -67.1%, a 57.2% gap on every dollar of revenue.

Blue Hat Interactive Entertainment Technology develops and produces interactive entertainment products including AR games, smart interactive toys, and immersive leisure content. It primarily serves mainland China's consumer market, with expanding distribution across Southeast Asia, focusing on family and youth entertainment segments.

Dogness (International) Corp is a pet product manufacturer focused on designing, producing and selling a broad portfolio of pet care goods, including smart pet feeders, automatic waterers, leashes, collars and grooming tools. Its core markets cover North America, Europe and China, serving both retail consumers and B2B partners in the global pet industry.

BHAT vs DOGZ — Head-to-Head

Bigger by revenue
BHAT
BHAT
1.7× larger
BHAT
$13.1M
$7.7M
DOGZ
Higher net margin
BHAT
BHAT
57.2% more per $
BHAT
-9.9%
-67.1%
DOGZ

Income Statement — Q2 FY2025 vs Q2 FY2026

Metric
BHAT
BHAT
DOGZ
DOGZ
Revenue
$13.1M
$7.7M
Net Profit
$-1.3M
$-5.2M
Gross Margin
8.3%
11.2%
Operating Margin
-9.4%
-70.8%
Net Margin
-9.9%
-67.1%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-0.29

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BHAT
BHAT
DOGZ
DOGZ
Q4 25
$7.7M
Q2 25
$13.1M
$6.7M
Q2 24
$46.3M
Q4 23
$10.4M
Net Profit
BHAT
BHAT
DOGZ
DOGZ
Q4 25
$-5.2M
Q2 25
$-1.3M
$-3.2M
Q2 24
$-4.4M
Q4 23
$-3.0M
Gross Margin
BHAT
BHAT
DOGZ
DOGZ
Q4 25
11.2%
Q2 25
8.3%
19.6%
Q2 24
0.2%
Q4 23
26.1%
Operating Margin
BHAT
BHAT
DOGZ
DOGZ
Q4 25
-70.8%
Q2 25
-9.4%
-53.6%
Q2 24
-8.8%
Q4 23
-34.0%
Net Margin
BHAT
BHAT
DOGZ
DOGZ
Q4 25
-67.1%
Q2 25
-9.9%
-47.9%
Q2 24
-9.4%
Q4 23
-29.0%
EPS (diluted)
BHAT
BHAT
DOGZ
DOGZ
Q4 25
$-0.29
Q2 25
Q2 24
Q4 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BHAT
BHAT
DOGZ
DOGZ
Cash + ST InvestmentsLiquidity on hand
$14.3K
$6.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$32.1M
$95.1M
Total Assets
$75.2M
$114.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHAT
BHAT
DOGZ
DOGZ
Q4 25
$6.6M
Q2 25
$14.3K
$12.8M
Q2 24
$407.6K
Q4 23
$4.5M
Stockholders' Equity
BHAT
BHAT
DOGZ
DOGZ
Q4 25
$95.1M
Q2 25
$32.1M
$97.8M
Q2 24
$40.6M
Q4 23
$76.3M
Total Assets
BHAT
BHAT
DOGZ
DOGZ
Q4 25
$114.5M
Q2 25
$75.2M
$116.8M
Q2 24
$49.3M
Q4 23
$97.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BHAT
BHAT
DOGZ
DOGZ
Operating Cash FlowLast quarter
$2.6M
$-1.6M
Free Cash FlowOCF − Capex
$-6.0M
FCF MarginFCF / Revenue
-77.8%
Capex IntensityCapex / Revenue
56.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHAT
BHAT
DOGZ
DOGZ
Q4 25
$-1.6M
Q2 25
$2.6M
Q2 24
Q4 23
$-4.4M
Free Cash Flow
BHAT
BHAT
DOGZ
DOGZ
Q4 25
$-6.0M
Q2 25
Q2 24
Q4 23
$-5.5M
FCF Margin
BHAT
BHAT
DOGZ
DOGZ
Q4 25
-77.8%
Q2 25
Q2 24
Q4 23
-53.0%
Capex Intensity
BHAT
BHAT
DOGZ
DOGZ
Q4 25
56.9%
Q2 25
Q2 24
Q4 23
10.4%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons